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4. 10 points) At March 31, account balances after adjustments for Vizzini Cinema are as follows: Account Balances Accounts (After Adjustment) Cash $ 6,000 Supplies

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4. 10 points) At March 31, account balances after adjustments for Vizzini Cinema are as follows: Account Balances Accounts (After Adjustment) Cash $ 6,000 Supplies 4,000 Equipment 50,000 Accumulated Depreciation-Equipment 12,000 Accounts Payable 5,000 Owner's, Capital 20,000 Owner's, Drawings 12,000 Admission Ticket Revenues 60,000 Popcorn Revenues 32,000 Candy Revenues 21,000 Advertising Expense 18,000 Supplies Expense 19,000 Depreciation Expense 4,000 Rent Expense 28,000 Salaries and Wages Expense 24,000 Utilities Expense 5,000 Instructions Prepare the closing journal entries for Vizzini Cinema. Date Account titles and explination Ref. Debit Credit

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